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Jinhui Shipping and Transport Ltd.

Director's Dealing Dec 23, 2010

9906_dirs_2010-12-23_6e2c71e5-1a88-41f4-9b21-74d49959b56a.html

Director's Dealing

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MANDATORY NOTIFICATION OF TRADE

The spouse of Mr. Siu Fai NG has purchased 159,825

shares of Jinhui Shipping and Transportation Limited

(the 'Company') in the Oslo Stock Exchange on 22

December 2010 at an average price of NOK20.8079 per

share. Following the above purchase, Mr. Siu Fai NG

and his spouse have direct interests in 1,922,800

shares in the Company.

Mr. Siu Fai NG also has certain indirect interests in

the Company through his interests in Jinhui Holdings

Company Limited (listed in Hong Kong) and Fairline

Consultants Limited.

Jinhui Holdings Company Limited has direct interests

in 46,034,800 shares of the Company, representing

approximately 54.77% interests in the Company.

Fairline Consultants Limited has direct interests in

500,000 shares of the Company, representing

approximately 0.59% interests in the Company and has

approximately 64.53% interests in Jinhui Holdings

Company Limited.

Mr. Siu Fai NG is the director of the Company, Jinhui

Holdings Company Limited and Fairline Consultants

Limited.

23 December 2010

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